Service and ATM Fees
Current as of
Service Fees
|
Accounts |
Amount |
|
|---|---|---|
|
Regular Share, Premium Online Savings, and Money Market Savings |
|
|
|
Check Stop Payment (Individual) |
$20.00 |
|
|
Check Stop Payment (Sequential Series) |
$30.00 |
|
|
Returned Inbound Electronic Transfer (Originated at PenFed) |
$30.00 |
|
|
Returned ACH (Originated at another financial institution), Check, or Preauthorized Debit |
|
|
|
$30.00 $10.00 |
|
|
PenFed ATM Fees for Regular Share and Money Market Savings Accounts: |
|
|
|
$1.50 $1.00 |
|
|
Foreign Transaction Fee |
up to 2% of transaction amount |
|
|
Checking |
|
|
|
Free Checking |
|
|
|
Check Stop Payment (Individual) |
$20.00 |
|
|
Check Stop Payment (Sequential Series) |
$30.00 |
|
|
Returned Inbound Electronic Transfer (Originated at PenFed) |
$30.00 |
|
|
Returned ACH (Originated at another financial institution), Check, or Preauthorized Debit |
|
|
|
$30.00 $10.00 |
|
|
Check Ordering (per order) |
|
|
|
Free1 Varies2 |
|
|
Foreign Transaction Fee
|
up to 2% of transaction amount |
|
|
Retail Cash Deposit Service fee (first three deposits each month are free) |
$2.00 |
|
|
Monthly Service Charge |
Free |
|
|
Access America |
||
|
Monthly Service Charge No Fee if daily balance of $500 or Direct Deposit of at least $500 monthly to the account is required to avoid the $10 service charge. |
$10.00 |
|
|
Check Stop Payment (Individual) |
$20.00 |
|
|
Check Stop Payment (Sequential Series) |
$30.00 |
|
|
Returned Inbound Electronic Transfer (Originated at PenFed) |
$30.00 |
|
|
Returned ACH (Originated at another financial institution), Check, or Preauthorized Debit |
||
|
$30.00 $10.00 |
|
|
Check Ordering (per order) |
|
|
|
Free1 Varies2 |
|
|
Foreign Transaction Fee
|
up to 2% of transaction amount |
|
|
Retail Cash Deposit Service fee (first three deposits each month are free) |
$2.00 |
|
|
Complete Access |
|
|
|
Monthly Service Charge No Fee if daily balance of $500 or Direct Deposit of at least $500 monthly to the account is required to avoid the $10 service charge. |
$10.00 |
|
|
Check Stop Payment (Individual) |
$20.00 |
|
|
Check Stop Payment (Sequential Series) |
$30.00 |
|
|
Returned Inbound Electronic Transfer (Originated at PenFed) |
$30.00 |
|
|
Returned ACH (Originated at another financial institution), Check, or Preauthorized Debit |
|
|
|
$30.00 $10.00 |
|
|
Bill Pay |
$5.00 |
|
|
Check Ordering (per order) |
|
|
|
Free1 Varies2 |
|
|
Foreign Transaction Fee |
up to 2% of transaction amount |
|
|
Retail Cash Deposit Service fee (first three deposits each month are free) |
$2.00 |
|
|
Pencheck Plus |
|
|
|
Monthly Service Charge No Fee if daily balance of $500 or Direct Deposit of at least $500 monthly to the account is required to avoid the $10 service charge. |
$10.00 |
|
|
Check Stop Payment (Individual) |
$20.00 |
|
|
Check Stop Payment (Sequential Series) |
$30.00 |
|
|
Returned Inbound Electronic Transfer (Originated at PenFed) |
$30.00 |
|
|
Returned ACH (Originated at another financial institution), Check, or Preauthorized Debit |
|
|
|
$30.00 $10.00 |
|
|
Bill Pay |
$8.95 |
|
|
Check Ordering (per order) |
|
|
|
Free1 Varies2 |
|
|
PenFed ATM Fees for PenCheck Plus: PenFed ATM fees waived for members with Access America or Free Checking accounts |
|
|
|
$1.50 $1.00 |
|
|
Foreign Transaction Fee |
up to 2% of transaction amount |
|
|
Retail Cash Deposit Service fee (first three deposits each month are free) |
$2.00 |
|
|
Limited Checking |
||
|
Monthly Service Charge No Fee if daily balance of $500 or Direct Deposit of at least $500 monthly to the account is required to avoid the $10 service charge. |
$10.00 |
|
|
Check Stop Payment (Individual) |
$20.00 |
|
|
Check Stop Payment (Sequential Series) |
$30.00 |
|
|
Returned Inbound Electronic Transfer (Originated at PenFed) |
$30.00 |
|
|
Returned ACH (Originated at another financial institution), Check, or Preauthorized Debit |
||
|
$30.00 $10.00 |
|
|
Bill Pay |
$5.00 |
|
|
Check Ordering (per order) |
|
|
|
Free1 Varies2 |
|
|
PenFed ATM Fees:
|
$1.50 $1.00 |
|
|
Foreign Transaction Fee |
up to 2% of transaction amount |
|
|
Credit Cards |
||
|
Convenience Check Stop Payment (each) |
$15.00 |
|
|
Two or More Simultaneous Stop Payment |
$25.00 |
|
|
Card Replacement Expedited Mailing |
$15.00 - $25.00 |
|
|
Mailed Credit Card Statement Waived only if statements are received electronically |
$2.00 |
|
|
Mailed Credit Card Statement Reprint (each) |
$3.00 |
|
|
Returned Payment Fee |
up to $25.00 |
|
|
Late Payment Fee |
up to $28.00 |
|
|
Loans |
||
|
Returned Loan Payment, Check or ACH |
$30.00 |
|
|
Late Charge on Loans (per payment) |
$29.00 |
|
|
Thrifty Credit Service, Tax-Smart College Line, & |
$15.00 |
|
|
Automobile Lien Placement Charge |
Actual Fee Incurred |
|
|
Check Stop Payment |
$15.00 |
|
|
Equity Line of Credit |
||
|
Convenience Check Stop Payment (Individual) |
$20.00 |
|
|
Check Stop Payment (Sequential Series) |
$30.00 |
|
|
Over Credit Limit (per month) |
$20.00 |
|
|
Returned Check |
$30.00 |
|
|
Returned Loan Payment, Check or ACH |
$30.00 |
|
|
Annual HELOC Fee |
$99.00 |
|
|
Lien Release Processing |
$20.00 |
|
|
Late Charge |
As provided in promissory note |
|
|
Mortgage and Equity Loans |
||
|
Late Charge |
As provided in promissory note |
|
|
Returned Loan Payment, Check or ACH |
$30.00 |
|
|
Lien Release Processing |
$20.00 |
|
|
Subordination |
$150.00 |
|
|
Partial Release |
$250.00 |
|
|
Recast |
$250.00 |
|
|
CEMA Fee |
$450.00 |
|
|
Mortgage Loans |
||
|
Origination Fee (Non-VA) |
1% of loan amount up to $1,995 |
|
|
Origination Fee (VA Purchase, Non-IRRRL Refinance) |
$995 |
|
|
Escrow Waiver Fee |
0.25% of Loan Amount |
|
|
Services |
||
|
Mailed Consolidated Statement of Accounts‡ This fee is waived if you: (1) receive your statements electronically; (2) have a PenFed checking account with a monthly direct deposit of at least $500; or (3) maintain a minimum daily balance of $500 or more in your PenFed checking account. |
$2.00 |
|
|
Statement Copy |
$3.00 |
|
|
Check Copy (each, after first four free) |
$1.00 |
|
|
Domestic Wire Transfer |
$25.00 |
|
|
International Wire Transfer |
$30.00 |
|
|
ACH Transfer via Member Service There is no fee for ACH transfers initiated at PenFed.org |
$5.00 |
|
|
There is no fee for ACH transfers initiated at PenFed.org |
|
|
|
Real Estate Subordination Request |
$150.00 |
|
|
ACH Transfer via 3rd Party Servicer |
up to $10.00 |
|
|
Incidental Fees |
||
|
Bad Address/Inactive Accounts (per quarter) |
$15.00 |
|
|
Garnishment or Levy Fee |
$20.00 |
|
|
Account Research (per hour) |
$15.00 |
|
†No fee with the PenFed VISA Promise Card or PenFed Defender VISA Signature® Card.
‡Except where prohibited by law.
1Standard checks; additional expense for non-standard check orders.
2Prices vary based on quantity, style, and design.
ATM Service Fees
|
Account Types |
PenFed ATMs |
In-Network* |
Out-of-Nework| |
|---|---|---|---|
|
No PenFed fee for any PenFed account accessed at an ATM |
No PenFed fee for any PenFed account accessed at an ATM |
No PenFed fee for any PenFed account accessed at an ATM Surcharge fees are imposed by third party ATM operators. |
|
No PenFed fee |
No PenFed fee |
No PenFed fee Surcharge fees are imposed by third party ATM operators. |
|
No PenFed fee |
$1.50 - PenFed Withdrawal fee $1.00 - PenFed Balance Inquiry fee **PenFed fees waived for members with Access America or Free Checking Accounts |
$1.50 - PenFed Withdrawal fee $1.00 - PenFed Balance Inquiry fee **PenFed fees waived for members with Access America or Free Checking Accounts Surcharge fees are imposed by third party ATM operators. |
For a complete listing of PenFed ATMs and surcharge fee-free ATM locations, visit https://www.penfed.org/locations.
*To find the nearest In-Network ATM, please refer to the ATM or branch Locator Map.
| Note: Out-of-Network surcharges are not imposed or controlled by PenFed.